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    Essentials of Entrepreneurship
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    Exam 17: Building a New Venture Team and Planning for the Next Generation
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    A Leveraged Buyout Is an Arrangement in Which Managers And/or
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A Leveraged Buyout Is an Arrangement in Which Managers And/or

Question 4

Question 4

True/False

A leveraged buyout is an arrangement in which managers and/or employees borrow money from a financial institution and pay the owner the total agreed-on price, pro-rated over a seven-year period.

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